Although a large amount of short positions closing has driven a short-term rise,
this is ultimately just a rebound within a bear market. If Bitcoin falls below $76,000, the liquidation intensity of mainstream CEX long positions will reach 394 million.
Liquidity today is definitely very low—everything depends on Monday.
Most likely, it will first be pushed up to test 78,000,
then a wick down to 76,000.
#空头爆仓推动以太坊反弹
this is ultimately just a rebound within a bear market. If Bitcoin falls below $76,000, the liquidation intensity of mainstream CEX long positions will reach 394 million.
Liquidity today is definitely very low—everything depends on Monday.
Most likely, it will first be pushed up to test 78,000,
then a wick down to 76,000.
#空头爆仓推动以太坊反弹
